"Proven profits/ asses are much more valuable than forecasts"
The thing is this. The have consistently grown profits at 30% CAGR for a decade now. The consistently beat their own guidance. The north american business has only just began is growing exponentially already.
2 months into the financial year and the company can confidently provide guidance to the market that npat will grow by "at least" 30% in FY24.
To me, given their track record over a decade now, that falls more into the category of a "proven minimum profit" than a "forecast"
"Proven profits/ asses are much more valuable than forecasts"...
Add MAD (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$6.85 |
Change
0.190(2.85%) |
Mkt cap ! $1.37B | |||
| Open | High | Low | Value | Volume |
| $6.70 | $6.85 | $6.66 | $425.2K | 62.81K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 288 | $6.77 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.86 | 510 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$6.80 |
Change
0.190 ( 2.13 %) |
||||
| Open | High | Low | Volume | ||
| $6.71 | $6.84 | $6.65 | 13135 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| MAD (ASX) Chart |